Portugal struggles to match Irish route back into international bond markets

Portugal is going to have a tough time following Ireland’s route back into the bond markets.

Its first post-bailout venture — a bond swap — was right out of the Irish playbook. But further down the road, subdued attempts to woo investors and deeper fiscal woes stand in Lisbon’s way.

Portugal last month carried out the bond swap in an identical manner to the one Ireland ran in January.